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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Neil Hodge2024-02-20T14:24:00
The European Commission closed its four-week consultation inviting stakeholders to share their views on how the General Data Protection Regulation (GDPR) is working after six years.
Between Jan. 11 and Feb. 8, companies, privacy professionals, lawyers, and others were asked to provide their opinions regarding the privacy regulation and where it might be lacking.
The feedback from the consultation could result in tweaks to the rules and potential changes to the way data protection authorities (DPAs) enforce them, especially regarding cross-border cases under the “one-stop shop” mechanism. These—if any—would be adopted in the second quarter of this year.
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News and analysis for the well-informed compliance or audit exec.
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2024-05-02T14:57:00Z By Neil Hodge
The General Data Protection Regulation has been in force for nearly six years. Some industries—and some companies—have been more prone to fall foul of the rules than others.
2024-04-17T15:09:00Z By Neil Hodge
The implications of a privacy rights case involving a U.K.-based Uber Eats driver underscore a popular belief that companies prioritize protecting the personal information of their customers over the data rights of their employees.
2024-04-01T13:22:00Z By Neil Hodge
The European Union’s AI Act follows a risk-based approach: the higher the risk the artificial intelligence poses, the stricter the rules. Understanding each category is key to compliance.
2024-07-24T15:50:00Z By Aaron Nicodemus
Financial institutions holding Russian sovereign assets that have not reported them to the Treasury Department’s Office of Foreign Assets Control are now required to do so by Aug. 2.
2024-07-23T12:29:00Z By Ruth Prickett
Compliance officers should take note of proposed laws in the U.K. with the newly elected Labor government setting the legislative agenda in the King’s Speech last week, promising consultations on enhanced employee rights and a higher minimum wage.
2024-07-22T15:50:00Z By Aaron Nicodemus
Four federal banking regulators have joined the Treasury Department’s Financial Crimes Enforcement Network in issuing a notice of proposed rulemaking that would require financial institutions to conduct more thorough risk assessments on their anti-money laundering/countering the financing of terrorism programs.
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